Question: Please answer it completely and correct. Explain all steps Other Problems: 1. (10) Brewer Company had 300,000 shares of common stock outstanding during the year

Please answer it completely and correct. Explain all steps

Other Problems: 1. (10) Brewer Company had 300,000 shares of common stock outstanding during the year 2017. In addition, at December 31, 2017, 100,000 shares were issuable upon exercise of executive stock options which require a $75 cash payment upon exercise (opti average market price during 2017 was $100. Net income for 2017 was $6,500,000 ons granted in 2016). The Instructions A. Compute basic earnings per share for 2017 B. Compute diluted earnings per share for 2017. to ta eornin's an ut stan dinS shues

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